Duncan Hart (CGeog)

Shell Foundation is proud to partner with @GlobalPash and @FCDOGovUK, through the @TEAEnergyAccess platform to be part of the £6.15 million investment to accelerate electric vehicle adoption in Ghana led by @WeAreKofa. The investment is for the expansion of the battery swapping network in #Ghana for the target deployment of 6,000 batteries and up to 100 swap stations across the country. #ShellFoundation is providing a total commitment of £3.8 million, with co-funding by the UK Government through its Transforming Energy Access platform, to support Kofa's e-bike asset financing, research on the impact of Kofa’s multi-use battery technology, and operating expenses. Read the full story here: t.ly/YEk-y #CleanEnergy #EnergyAccess #EnergyTransition #Africa #ImpactInvesting #EV #EMobility #BatterySwapping #Battery #Partnership #Innovation

📣 Today, #ShellFoundation’s Business Development Director for Micro-entrepreneurs, Shveta Sarin, spoke on the panel “Powering the Future: Supporting Women’s Livelihoods Through Clean Energy Access.” The event officially launched the new report and pilot programme supported by Shell Foundation and @TEAEnergyAccess and developed by @CrossBoundary and @OdysseyEnergyS titled “Results Based Financing for Productive Use Appliances to Promote Gender Outcomes” which highlights the benefits of investing in women 📈. 

🔎 The progress in energy access across Sub-Saharan Africa—surpassing 50% in 2021 from 25% in 2000—opens opportunities, particularly for women, whose economic progress has been hindered by a gender pay gap of up to 30%. The study highlights that focusing on Income, Time, and Health as metrics to measure women's livelihood improvements can unlock significant economic value. 

⚡️By prioritising gender outcomes in energy programs, we can focus on the transformative potential for women's economic empowerment and the pivotal role of targeted initiatives and financing. In this light, the pilot program will explore gender-focused approaches in productive use of energy, the potential is clear, an estimated $189 million in result based financing could generate nearly $3 billion in economic value for 11 million women by 2030.

🤝 With support from @FCDOGovUK through the @TEAEnergyAccess platform, we are committed to supporting women’s livelihoods through clean energy in a significant way – with 50% of overall direct impact on women. With these types of market building incentives, such as result based financing programmes or initiatives like the Carbon Value Exchange (#CAVEX), are ways to increase focus on clean energy solutions targeted towards women’s livelihoods improvement. 

🔗 Download the full report to learn more: shellfoundation.org/learning…

#ImpactInvesting #GenderEquity #WomensEmpowerment #EnergyAccess #EnergyTransition #CleanEnergy #PUE #TEAForum24

At #ShellFoundation, we work with strategic partners, like @FCDOGovUK through the @TEAEnergyAccess platform, to deliver impactful, inclusive and just clean energy solutions to ensure that the #EnergyTransition works for everyone.  Our Strategic Partnership Manager, Duncan Hart (@devdunc), presented on our TIME Project that:  ✅ Supports the clean energy transition by tackling market barriers & investing in pioneering enterprises, scaling them, creating jobs, leveraging finance and reducing carbon emissions ✅ Has made 116 funding interventions with over £895m of capital leveraged  ✅ Has improved the lives of over 22m people with improved access to clean energy. In addition, our Head of Portfolio for Micro-entrepreneurs, Tanya Kothari, and our Business Development Director for Micro-entrepreneurs, Shveta Sarin, presented current examples of the work the Shell Foundation is doing within the TIME project. This impact and the value of the Transforming Energy Access Platform cannot be understated. We are excited for ambitious plans and impact, specifically focusing on gender and inclusive solutions.  Learn more about our strategic partnerships 👉: shellfoundation.org/strategi… #TEAForum24 #ImpactInvesting #EnergyAccess #CleanEnergy

Last December, the UK released a White Paper on International Development which highlights the country’s approach to address development challenges and possible solutions, especially through partnerships. The #ShellFoundation’s FCDO Strategic Partnerships Manager, @DevDunc, authored a blog looking at how the White Paper aligns with Shell Foundation’s strategy in #Africa and #India, synergies between @FCDOGovUK and Shell Foundation, and how the established partnership between the two organisations will continue to be beneficial in the coming years. In particular, the blog looks at: 🔹 Prioritising locally led expertise in Shell Foundation’s approach; 🔹 Private Sector Mobilisation: de-risking investments and catalysing impactful solutions; 🔹 Gender Inclusivity: prioritising lifting incomes for women via the clean energy transition. Read the full article: bit.ly/41Ybzwq #InternationalDevelopment #EnergyTransition #EnergyAccess #Development #ImpactInvesting #SDGs #CleanEnergy

Are you or your organisation focused on #EnergyAccess, #CleanEnergy or #EnergyTransition? If so, @ayrton_fund has launched their new #AyrtonFundExplorer. The Explorer is an online search tool to help navigate and identify relevant knowledge, initiatives, funding opportunities, and partnerships within the many programmes and projects funded by the Ayrton Fund - including the TIME and CASEE projects with #ShellFoundation. Visit the website to try it out for yourself 👉: ayrtonfund.info/ @TEAEnergyAccess